Nestled within the stunning Vinhomes Ocean Park 3 in Hung Yen Province, just east of Hanoi, The Fullton is set to make waves in Vietnam’s luxury housing market, boasting an estimated gross development value of around US$800 million. This impressive undertaking by CapitaLand Development marks a significant milestone as its inaugural luxury low-rise residential project in northern Vietnam.
The celebration of this ambitious project kicked off with a groundbreaking ceremony, graced by notable figures including His Excellency Jaya Ratnam, Singapore’s Ambassador to Vietnam; Tan Wee Hsien, CEO of CapitaLand Development Vietnam and International; and executives from Far East Organization. Their presence underscored the collaborative spirit behind this landmark endeavor.
Spanning an expansive 25 hectares, The Fullton will unfold in two distinct phases. The first phase, aptly named The Fullton Edition, will consist of 342 residential units spread over 12 hectares, with a completion target set for 2026. In a subsequent phase slated for 2027, an additional 350 residences will be unveiled, contributing to a luxurious living experience.
The project’s strategic location provides seamless access to the Northern Key Economic Region through major highways, including National Highway 5A and the Hanoi–Hai Phong Expressway. With future infrastructure developments, such as the anticipated Tran Hung Dao Street set to enhance connectivity, residents can expect not only convenience but also the tranquility of suburban living.
Addressing the rising demand for quality, low-density housing in northern Vietnam, Tan Wee Hsien highlighted that The Fullton caters especially to discerning homeowners and professionals in the Hanoi area. “With nearly 700 homes and shophouses, we aim to build a prestigious community with a range of villa types, including enclave, twin, and detached villas within a secure gated environment,” he elaborated. This marks CapitaLand’s first venture into Greater Hanoi, reflecting a promising growth trajectory bolstered by ongoing infrastructure enhancements and changing lifestyle preferences.
Ambassador Ratnam noted the project’s role in strengthening the ties between Singapore and Vietnam, expressing confidence in the nation’s growth prospects. “The Fullton is not just about homes; it’s about contributing to Vietnam’s urban transformation,” he affirmed, indicating the project’s alignment with the country’s bustling urbanization efforts.
Designed with aesthetic sensibilities, The Fullton features an array of meticulously crafted boutique townhouses and villas, echoing the terraced landscapes of Vietnam. Its architectural blueprint harmonizes with the natural greenery, providing an oasis of tranquility, contemporary luxury, and vibrant communal spaces.
Central to The Fullton is a lively 1.9-hectare park designed to nurture community spirit and promote wellness. With themed playgrounds, fitness areas, and serene gardens for yoga, it’s a hub for recreation for all ages. A standout feature is the private clubhouse, a rarity in low-rise residential spaces, offering a retreat-like atmosphere inspired by the surrounding landscape.
Emphasizing eco-friendly initiatives, The Fullton includes electric vehicle charging, expansive green areas, and energy-efficient designs. These features reflect CapitaLand’s commitment to sustainable urban development, contributing positively to Vietnam’s ever-evolving urban fabric.
CapitaLand Development, representing CapitaLand Group’s robust global portfolio valued at SGD 21.5 billion (US$16.7 billion), is focused on leveraging its extensive real estate expertise across key markets. The firm’s ongoing project in Vietnam highlights over 30 years of investment and development, with achievements celebrated through numerous prestigious awards.
As CLD aims to be the developer of choice, its vision is firmly rooted in creating quality spaces that enrich lives, enhance communities, and champion sustainability. After all, who wouldn’t want to live in a place where nature meets modern living?
What is the estimated value of The Fullton development?
The estimated gross development value of The Fullton is approximately US$800 million.
When is the completion date for the first phase of The Fullton?
The first phase, The Fullton Edition, is expected to be completed by 2026.
What unique features does The Fullton offer to its residents?
The Fullton features a vibrant central park, a rare private clubhouse, and numerous eco-friendly amenities, all designed to promote community, health, and sustainability.
